Chevron to end 55-year North Sea presence with Clair field sale
CHEVRON has decided to market its 19.4% stake in the Clair field, one of the UK’s largest hydroca...
News - Industry
Australia’s commits A$22.7bn to green energy and production in latest federal budget
HYDROGEN, critical minerals, batteries, and low-carbon fuels are set to benefit from a multi-bill...
Jacobs chosen to design underwater energy storage pilot
TECHNOLOGY developer BaroMar has appointed Jacobs to develop the preliminary design for its large...
Hunt for industry partners begins as UK seeks to build prototype nuclear fusion plant
A COMPETITION is being launched later this month to find the industry partners that will build th...
Anglo American plans to cleave off coal, platinum, and diamonds after rejecting fresh £34bn offer from BHP
ANGLO AMERICAN has announced plans to break up the company, including getting rid of its coking c...
UK shelves hydrogen town trial
THE UK has shelved plans to trial using hydrogen to heat homes at town-scale until after 2026. Th...
UK to rival Russia with £196m advanced nuclear fuels plant at Urenco site in Cheshire
THE UK government is awarding £196m (US$244m) to Urenco to build a uranium enrichment facility in...
BHP, Vale, and Samarco propose US$25.1bn settlement for fatal 2015 dam collapse
MINING giants BHP, Vale, and their joint-venture Samarco have proposed a R$127bn (US$25.1bn) sett...
UK allows wind farms and oil producers to overlap in North Sea
THE UK has introduced new rules allowing oil and gas firms and wind farm operators to share sites...
Sumitomo Chemical cutting 10% of workforce to stem bleeding from record US$2bn losses
SUMITOMO CHEMICAL will slash 4,000 jobs and restructure its business to “stop the bleeding” of it...
Update: Anglo American rejects £31bn BHP offer, saying it significantly undervalues the firm
ANGLO AMERICAN has rejected a £31bn (US$38.7bn) takeover offer from its mining rival BHP, saying ...
Ithaca Energy acquires Eni’s UK business in £750m deal
ITHACA Energy is acquiring the majority of Eni’s upstream assets in the UK. The deal will make It...
ExxonMobil to shut down French steam cracker and cut 677 jobs
ENERGY costs continue to pummel the European oil and gas market, with ExxonMobil announcing plans...
Australian minerals and hydrogen research gets A$59m funding boost
A FLOATING device that uses sunlight to produce hydrogen from wastewater and a leaching process a...
Johnson Matthey and bp license process to make jet fuel from farm waste at US$4bn plant
JOHNSON MATTHEY (JM) and bp have licensed their Fischer-Tropsch process to a huge new US$4bn US p...
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